Bain: LinkedIn Will Be Public In Three Years

Joseph Weisenthal

Jun. 18, 2008 - 4:56 PM PDT
Jun. 18, 2008 - 4:56 PM PDT

LinkedIn is getting a lot of media attention following the big raise it announced last night… speaking on CNBC, Jeff Glass, partner at Bain, which lead the $53 million round, predicted the company would be public in three years, but said that the team and board are patient: “We want to make sure that they’re appropriately settled but I think this is a company that’s bent on being a long-term sustainable public company.” This has been in the if-not-when category for awhile, and given the company’s valuation, the ranks of potential buyers has grown thinner. In the meantime, the company says it’s profitable, so it’s hard to see why they’d be in a hurry.